1 thought on “13th day of $QQQ short term down-trend; since it began, 72% of Nasdaq100 stocks have declined–don’t fight the trend”
Tariff Man strikes again. The market needed a catalyst, now it has one. An earnings recession is upon us and now more tariffs. How far will the market fall? How many companies will use this opportunity to lay off employees? How many zombie companies will go under? How big of an interest rate cut will Powell push for in August and the Fed sleep over in Jackson Hole? So many burning questions for a lazy summer 2019.
Tariff Man strikes again. The market needed a catalyst, now it has one. An earnings recession is upon us and now more tariffs. How far will the market fall? How many companies will use this opportunity to lay off employees? How many zombie companies will go under? How big of an interest rate cut will Powell push for in August and the Fed sleep over in Jackson Hole? So many burning questions for a lazy summer 2019.